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Technofab Engineering surges on winning Rs 262 crore new orders

With this the total order book has crossed Rs 1,500 crore, says Technofab Engineering.

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SI Reporter Mumbai
Shares in Technofab Engineering has surged 8% to Rs 149 on National Stock Exchange (NSE) after the company said it has received a letter of awards  for Rs 54 crore for a waste water rehabilitation project in Kenya and for Rs 208 crore for a rural electrification project in Bihar.

With this the total order book has crossed Rs 1,500 crore, Technofab Engineering said in a statement.

The stock opened at Rs 140 and hit a high of Rs 150 on NSE. A combined 28,585 shares changed hands on the counter till 1149 hours on NSE and BSE.
 

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First Published: Dec 09 2014 | 11:53 AM IST

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